has decided that the nobel peace prize for 2012 is to be awarded to the european union. >> committee members say the eu have contributed to the advancement of peace, reconciliation, democracy, and human rights for the past 60 years. they say the union has played an important role in transforming most of europe from a continent of war to a continent of peace. european nationals formed the eu in 1993 building on the european economic community or eec established in 1958. nobel prize representatives note the eu is currently undergoing economic difficulties and social enrest. they say they want to focus on the successes. the award appears aimed at encouraging member nations to work together to overcome their challenges. the top eu official at the imf talks in tokyo spoke to nhk.